Publication Information
Published by: Admin
Published: 2 years ago
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Pages: 35
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Abstract
Following the dearth of information on how the economic freedom interacts tourism to improve or undermine income distribution, this study investigates the moderation of economic freedom on the tourism-income inequality in 37 Sub-Saharan African countries from 2000 to 2020. This study used the panel corrected standard errors (PCSE) and generalized method of moment (GMM) estimation technique for a panel of 37 sub-Saharan African countries to account for the cross-sectional dependence and endogeneity issues, respectively. We find that tourism and economic freedom undermine income distribution. Moreover, the results reveal that economic freedom interacts tourism to improve income distribution. It means that the role of economic freedom as driver of the tourism-income distribution linkage in Africa remained important throughout.
Toyo A. M Dossou Mr
Alastaire S. Alinsato
Simplice A. Asongu Prof
Pan Xuanming
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